Month: September 2024

Bitcoin price could jump by 210%: mining executive predicts

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A senior Bitcoin mining executive expects prices to continue rising in the ongoing bull market cycle.  In an interview with Bernstein, a major Wall Street firm, CleanSpark’s CEO predicted that Bitcoin (BTC) would rise to $200,000 in the next 18 months. If his view is correct, he expects the coin to rise by 210% from its current levels. CleanSpark’s CEO is bullish on Bitcoin Zachary Bradford cited several potential catalysts for Bitcoin, including Federal Reserve interest rate cuts, the conclusion of the U.S. general election, and the dynamics of the…

XRP Price Breaks Free: Is a Major Rally Underway?

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XRP price gained pace and was able to clear the $0.600 resistance. The price is up over 10% and is now consolidating gains near $0.6450. XRP price started a fresh increase above the $0.600 resistance zone. The price is now trading above $0.6250 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $0.6500 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.6500 and $0.6550 resistance levels. XRP Price…

BNB Rally Fades As Price Dips Under $600: Is A Correction Looming?

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U.S. Voters More Serious About Demanding Candidates With Know-How

The latest look, conducted by Harris Poll and paid for by crypto firm Grayscale, shows a steady increase in voters saying they’re taking a candidate’s crypto knowledge and stance seriously when considering who to vote for. Of more than 1,800 likely voters, 77% said presidential candidates should be informed about innovative technology like artificial intelligence and crypto, and 56% said they’re more likely to vote for candidates who are staying on top of crypto as an issue (though their top issues remain inflation, national security and foreign policy). Source

Bitcoin Technical Analysis: Bearish Momentum Meets Critical Support

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Bitcoin’s price has entered a critical juncture, with the leading crypto asset showing signs of consolidation after a sharp sell-off from its high of $66,000. On September 30, 2024, the price stabilized around $63,682, supported by mixed technical indicators across various timeframes. The potential for both short-term rebounds and further declines currently creates an uncertain […] Original

BTC Drops 3%, Still on Track for Best September Since 2013

September is historically the worst month for the bitcoin price, but it may be about to close its best yet. BTC ended September in the red in eight of the past 11 years. This year, it looks set to close the month up by at least 7%, even with today’s swoon. The bullish month puts bitcoin on a strong footing going into October, which, by contrast, is one of its strongest. Where September has seen an average loss of 3.6% since 2013, October has seen average gains of 23%. Some…

CZ Outlines His Next Moves After Being Released

Changpeng “CZ” Zhao, former CEO of Binance, took to social media to make his first statements after being released from a correctional facility where he was confined for compliance crimes. Thanking his supporters, Zhao explained that he would take some time to assess his next moves but highlighted that he would continue in the investment […] Source CryptoX Portal

Solana (SOL) ‘Could Go Parabolic’ Once It Breaks $200 Resistance – Analyst

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Este artículo también está disponible en español. Solana (SOL) is now trading around a crucial supply zone after an impressive 26% surge since September 18, following the Federal Reserve’s announcement of interest rate cuts. This sharp rally has sparked optimism among analysts and investors, who hope Solana could soon reach new all-time highs. Related Reading Many in the crypto space believe Solana is primed for further gains, with some expecting it to outperform the broader market in the coming months. One prominent analyst, Carl Runefelt, has shared a technical analysis…